TechCrunch Top 3

Figma's stock soars in its highly anticipated IPO, market cap instantly hits $45B: There has been so much demand for this stock that people on X are posting funny pictures of their orders being fulfilled. Read More

Ford to reveal more about its new low-cost electric vehicles on August 11: Jim Farley, Ford's CEO, has touted this as a "Model T moment" -- but the first of these new EVs won't come out until 2027. Read More

The best dating apps aren't even dating apps: With dating app fatigue rising, some people are finding love in unexpected places — the forums and sites they use to pass idle time online, as opposed to those dedicated to online dating. Read More

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Afternoon Must-Reads

Apple plans to 'significantly' grow AI investments and is open to M&A: Apple is open to M&A to accelerate its AI strategy, and says it's made seven acquisitions this year so far. Read More

Your public ChatGPT queries are getting indexed by Google and other search engines: Search engines are indexing links to ChatGPT conversations that have been made sharable with a link. Read More

Zuckerberg says people without AI glasses will be at a disadvantage in the future: Mark Zuckerberg really believes AI glasses will be the ideal way to blend the physical and digital worlds together. Read More

Figma's IPO price hit a $19.3B valuation out of the gate: In what should be a surprise to no one, Figma priced its IPO shares above its already increased previously announced range. Read More

Proton releases a new app for two-factor authentication: Proton has a free authenticator app, which is available cross-platform with end-to-end encryption protection for data. Read More

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Last but Not Least

OpenAI to launch AI data center in Norway, its first in Europe: OpenAI said the new Norway-based data center comes as the European Union races to achieve AI sovereignty by investing in data center and compute power. Read More